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Wills & Powers of Attorney Fees

Wills & Powers of Attorney Fees

Simple Wills

Typical fixed fees for the preparation of Wills are as follows:-

Single person - £250 plus VAT (not including any Liferent Trust/Discretionary Trust provisions)

Mirror - £450 plus VAT - i.e. £225 plus VAT each (not including any Liferent Trust/Discretionary Trust provisions) 

Trust Wills (e.g. with Liferent Trust/Discretionary Trust provisions)

Single person - from £350 plus VAT

Mirror - from £600 plus VAT (i.e. from £300 plus VAT each)

Combined Packages

Will and Power of Attorney

Single person - £450 plus VAT (not including any Liferent Trust/Discretionary Trust provisions)

Mirror - £850 plus VAT – i.e. £425 plus VAT each (not including any Liferent Trust/Discretionary Trust provisions)

Trust Will and Power of Attorney

Single person - £550 plus VAT

Mirror - £950 plus VAT – i.e. £475 plus VAT each

During our meeting we will explain any available options between, for example, Wills with or without Trust provisions (e.g. if there are any potential advantages from a care cost, tax, second marriage, asset protection, vulnerable beneficiary perspective, etc.)  You can then decide how you wish to proceed (i.e. either with a Will containing Trust provisions or not containing Trust provisions).

Our prices above include:

  • taking your instructions,
  • providing advice as appropriate to your requirements
  • providing advice on legal rights
  • providing advice on Inheritance Tax, if applicable
  • preparing a draft will for you to review,
  • making changes following review,
  • complete execution of the will,
  • storage of original will in our secure storage facility and
  • providing you with a copy of your signed will.

Our fixed price will not include:

  • any property law work required to implement Trust planning contained in your Will (e.g. any transfers of title or removal of survivorship destinations from your title deeds).

Note:  This fixed price will only cover the services mentioned. Your case may require additional work that is not included. We will discuss this with you at our first meeting. If additional costs arise due to matters related to your own personal circumstances, we will discuss this with you at the earliest opportunity and we will advise you of any increase in price that may arise.

Powers of Attorney

Typical fixed fees for the preparation of Powers of Attorney are as follows:-

Combined Continuing and Welfare Power of Attorney

Single person - £250 plus VAT

Mirror - £450 plus VAT – i.e. £225 plus VAT each

(N.B. Each Power of Attorney will also incur a £87 registration fee payable to the Office of the Public Guardian, which registration fee is reviewed annually by the Office of the Public Guardian)

Our prices above include:

  • taking your instructions,
  • providing advice as appropriate to your requirements
  • preparing a draft Power of Attorney for you to review,
  • making changes following review,
  • complete execution of the Power of Attorney,
  • registration of the Power of Attorney with the Office of the Public Guardian,
  • storage of original Power of Attorney in our secure storage facility and
  • providing you with a copy of your signed and registered Power of Attorney.

Our fixed price will not include:

  • the preparation of any accompanying letter of wishes addressed to your Attorneys which you may or may not wish to prepare, so that your Attorneys can be fully briefed regarding your preferences and wishes if you ever became incapacitated,
  • any future changes you wish to make to your Power of Attorney document (the Office of the Public Guardian will also charge a further registration fee if you wish to appoint and/or remove Guardians in the future).

Note:  This fixed price will only cover the services mentioned. Your case may require additional work that is not included. We will discuss this with you at our first meeting. If additional costs arise due to matters related to your own personal circumstances, we will discuss this with you at the earliest opportunity and we will advise you of any increase in price that may arise.

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